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The Reform Airdrop Guide

Medium2024/08/30 07:06
By:ReformDAO

An exciting milestone for the community, Reform launched on Thursday, August 29th at 2 PM UTC listing on Gate, Bitget, and Mexc. This event marked a significant opportunity to reward everyone who has supported the project since its inception through the “Reform Airdrop.” This initiative was designed to recognize the dedication and contributions of those who have played a vital role in expanding Reform’s reach and spreading its mission.

This blog will guide you through the airdrop mechanism, explaining who qualifies for the airdrop, how to view your allocation, and how to claim your tokens.

Who Qualifies for the Reform Airdrop?

Eligibility for the Reform Airdrop is determined by your participation and contributions to the Reform community. If you qualify, you can verify your eligibility status on the Reform Testnet Dashboard.

We have decided to reward all active members of both the Community and the Reform Academy. For the testnet, participants with over 2010 XP, equivalent to the rewards for completing the six tasks before the shift to an XP-based airdrop system, will be rewarded.

A total of 1.8 million Reform tokens have been allocated for this airdrop, with 600,000 tokens designated for each category.

For the Community category, the airdrop amount is based on the total points accumulated by members from the Discord leaderboard, which reached nearly 4 million points. Each member’s airdrop is calculated by dividing their points by the total points collected.

In the Reform Academy category, levels are based on your status within the Reform Discord. For example, if you have reached Level 13 in Discord, you hold a Level 13 status. Each level corresponds to 1 point, and with a total of 58,000 points across all levels, a Level 13 holder would receive 13/58,000 of the airdrop.

The Testnet follows a similar method, where all XP earned adds up to nearly 20 million XP after BOT filtering by our third-party partner. Your airdrop for this category is calculated by dividing your filtered XP by the total 20 million XP.

2. Where to view your allocation?

Knowing your allocation is essential to understanding how much you will receive from the airdrop.

To view your specific allocation per category, you can visit the Reform testnet airdrop checker at https://dashboard-test.reformdao.com/airdrop-checker.

Here, you can find detailed information about the number of tokens allocated to you. Through this checker, you’ll be able to see which airdrops you performed well in and the number of tokens available for claiming in the claiming portal.

3. Where to Claim Your Tokens?

The claiming portal is available at https://claim.reformdao.com/. Watch this short video to get a full understanding of how to claim your tokens, which will start daily linear vesting at 4 PM UTC.

4. What is next?

After the launch, there will be more developments and updates at Reform DAO, including the Reform Quest Platform, project market making, and the Reformers NFT collection. Let’s dive in.

THE REFORM QUEST PLATFORM

The Reform Quest Platform is designed to expand our community by engaging with a broader range of ecosystems. Members of the Reform community can interact with our partners’ social media channels, participate in their content, and take part in various activities. In return, these partners will allocate a small percentage of their token supply as an airdrop to the Reform Quest Platform. The Quest Platform will also kick off with $100,000 worth of $RFRM tokens as initial rewards.

Moreover, points accumulated in the current Discord (through interactions via the Engage bot) will be converted into points on the Reform Quest Platform, and can claim rewards on the platform.

PROJECT MARKET MAKING

Reform is currently providing liquidity for the top 100 tokens through our market making mechanisms. We are now expanding into project market making, where we will support new projects that require market making upon listing. This expansion will enable Reform to generate additional TVL, leading to increased realized profits and more buybacks.

THE REFORMERS NFT

The Reformers is an NFT project by Reform DAO, set to launch this year. The collection features characters like Luigi and Angello, who embark on a journey to redefine the market making industry. Each character has their unique persona, armor, and weapons at their disposal.

These NFTs will offer a variety of utilities, with the primary function being the ability to stake them. By staking, holders can earn $RFRM tokens. Additionally, these NFTs can be linked to a user’s Reform Quest Platform account for enhanced benefits.

We thank you for supporting the Reform mission to reform the market making industry.

The best is yet to come.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget2024/09/13 06:30